COI comet ridge limited

Ann: Mahalo 7 Horizontal Well Project Operational Update, page-4

  1. 379 Posts.
    lightbulb Created with Sketch. 23
    Yes interesting comments. COMET are the major shareholder and Origin and Saantos slightly less.

    The good part is that, and also reported in a paper on the weekend, the big boys have built these wonderful ports to ship gas from, however they are mostly gas less unless you have the suppliers such as Comet. This is probably also why Origin and Santos have a stake in Comets gas field.

    I don't believe Comet is too far off development given Santos has completed the recent make over at Mahalo as the first shipment of gas has left and the next shipment/s will need to be filled.

    Good announcement today with ever increasing has flows at Mahalo. Also who knows, maybe Santos may buy Origins shares out if Origin are going to drag the chain!
 
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